Compound interest problems Practice Question and Answer

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Q:

What is the total compound interest on Rs.45000 for 3 years when the sum is divided into a ratio of 4 : 5 and rate of interest on a small sum is 10% and 20% on the large sum? (Compounded annually)

 426 0

  • 1
    Rs. 20010
    Correct
    Wrong
  • 2
    Rs. 24820
    Correct
    Wrong
  • 3
    Rs. 25630
    Correct
    Wrong
  • 4
    Rs. 26400
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs. 24820"

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